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20121127
20121127
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will also hear from president obama, who signed the deficit reduction measure into law, part of the deal to raise the debt ceiling. first, senate majority leader harry reid and republican majority leader mitch mcconnell will talk on the senate floor about the january fiscal deadline. >> since our country voted to return president obama to the white house, i have spoken often about compromise. i remain optimistic that, when it comes to our economy, when it comes to protecting middle-class families from a whopping tax hike, republicans and democrats will be able to find common ground. president dwight eisenhower, a republican, once said, "people talk about the middle of the road as though it were unacceptable. there have to be compromises. the middle of the road is all usable space." so said white house and higher. -- dwight eisenhower. too often, we face off, not realizing that the solution rests somewhere in the middle. i remind everyone of one fact. this congress is one vote away from avoiding a fiscal cliff for middle-class families and small businesses. we can solve the greatest econo
's almost always the wrong question. >> there is one federal policy change that says a second term obama administration might push. is there one that comes to mind? >> i would like to see -- i would like to see the conversation around gainful employment extend beyond the career and for-profit colleges to the entire sector and shining a light on more of the outcomes there. the second part to me is the biggest challenge with the gainful employment regulations as they stand now, we have suggested our own counter mechanism. the biggest problem is that it's an all or nothing access to cash. you either clear up our and have access to the federal loan dollars from title for -- from title 4, or you get zero out completely. the problem is -- you want to extend access to population to have not had a historical access to education. on the other hand, you are interested in quality in a very admittedly tough environment. you can make quality high because of the wage scale back the access. the other side, if you make that are too low, the lead in all the -- if you make the bar too low, you leave in al
of this year, i wrote president obama a letter indicating that i could not vote to raise the debt ceiling unless i saw substantial reductions in spending and structural changes in the way we do business in the united states congress and washington d.c. why i say there is no joy for me to be here today, in my view, we have failed to do either one. it would be irresponsible for us not to raise the debt ceiling. it would be equally irresponsible if we raise it without meeting the criteria i have outlined. while we will have a discussion of all of us as it continues today, and we will probably play quarterback after this is over to figure out what we have accomplished, in my view, it is important to know there are no such in this bill. there is only a reduction in the growth of spending. that reduction is so small. $21 billion reduced in the first year, in the growth and spending. dn kansas, we hear the worl "billion" and we think it is a lot of money. it is. they will think we are finally doing something significant. the truth is we spend $4 billion more each day than we take in. at $21 bill
Search Results 0 to 2 of about 3